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Nomura sees Trumponomics having minimal impact on India

Japanese financial services major Nomura has downplayed the impact of the protectionist trade policies of the US President Donald Trump on the country as it sees only 10 bps hit on GDP at 6.8 per cent in 2017.

World Bank lending hits post-financial crisis peak

Lending to needy countries by the World Bank surged to a level last year normally only seen during financial crises, the Bank said Monday.

WTO cuts 2016 global trade forecast to 2.8% on China slowdown

WTO cuts 2016 global trade forecast to 2.8% on China slowdown

In September, the WTO estimated that global trade would rise by 3.9 percent this year, but lowered that projection to 2.8 percent, in an updated forecast.

Write-downs may be a remedy to growth slowdown: Rajan

Write-downs may be a remedy to growth slowdown: Rajan

Reserve Bank of India Governor Raghuram Rajan on Saturday said structural reforms can help achieve potential growth, suggesting that write-downs may be a remedy to growth slowdown.

Knee-jerk reaction not answer to emerging challenges: FinMin

The Finance Ministry Tuesday said "knee-jerk" reaction is not the answer to the current challenges being faced by India and assured that measures initiated by the government will boost growth.

Chinese slowdown opportunity for India: CEA

The slowdown in China is a historic opportunity to relaunch growth in India, Chief Economic Adviser Arvind Subramanian said Monday.

India should take advantage of China slowdown: USIBC chief

"What we are hearing from our companies that India story is strong. The slowdown in China is making India story much much stronger," Mukesh Aghi, president of the US India Business Council (USIBC) said.

China announces USD 260 bln worth infrastructure projects

China today ruled out introducing a stimulus to arrest the slowdown of the economy but instead announced USD 260 billion worth of infrastructure projects, including railway construction, to spur growth.

China services sector at six-month low, more stimulus expected

China`s services sector grew at the slowest pace in six months in January as growth in new business weakened, a private survey showed, raising expectations that policymakers may unveil more stimulus steps to avert a sharper slowdown in the world`s second-largest economy.

China slowdown to bruise global economy: Survey

China's roaring economy for years has pulled much of the rest of the world with it, soaking up oil, iron ore and other commodities from developing countries and autos and luxury goods from Europe.

FDI in real estate may double after easing of rules: NAREDCO

Foreign direct investment (FDI) in the real estate sector could jump over two-fold in the next one year with easing of FDI rules in the construction sector, realtors' body NAREDCO said today.

Lufthansa,Global economic,Slowdown,International,Profit

Lufthansa, Europe`s biggest airline, on Thursday cut its profit forecast for 2015 in face of the global economic slowdown.

Russia sees growth slow sharply amid Ukraine crisis

The state statistics agency said the Russian economy grew by 0.9 percent between January and March over the same period last year.

Economy to expand over 5%, average 8% growth rate to be revisited

The Planning Commission on Friday said it will revisit annual average GDP growth target of 8 percent for the 12th Plan (2012-17) in view of dismal performance in first two years of policy period, while saying the economy is likely to expand by over 5 percent this fiscal.